Rathbones Group PLC Acquires 46,631 Shares of Procter & Gamble Company (The) $PG

Key Points

• Rathbones Group increased its Procter & Gamble stake by 3.1% in the first quarter, purchasing 46,631 additional shares and bringing its holdings to 1.55 million shares valued at approximately $223.3 million.
• Institutional ownership remains high at 65.77%, with several major investors—including Norges Bank, Vanguard and Amundi—also expanding their PG positions.
• Procter & Gamble exceeded quarterly EPS expectations but fell short on revenue, while maintaining a quarterly dividend of $1.0885, equivalent to a 3.0% annual yield. Analysts collectively rate the stock “Moderate Buy,” with a consensus price target of $161.52.

Rathbones Group PLC increased its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 3.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,546,258 shares of the company's stock after purchasing an additional 46,631 shares during the quarter. Procter & Gamble accounts for 0.9% of Rathbones Group PLC's investment portfolio, making the stock its 29th biggest position. Rathbones Group PLC owned 0.07% of Procter & Gamble worth $223,342,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in PG. Norges Bank purchased a new stake in Procter & Gamble during the 4th quarter valued at about $4,664,783,000. Cardano Risk Management B.V. increased its stake in Procter & Gamble by 1,104.8% in the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company's stock worth $1,364,518,000 after purchasing an additional 8,731,126 shares during the period. Auto Owners Insurance Co increased its stake in Procter & Gamble by 14,231.0% in the 4th quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company's stock worth $508,700,000 after purchasing an additional 3,524,876 shares during the period. Vanguard Group Inc. lifted its position in Procter & Gamble by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company's stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares during the last quarter. Finally, Amundi boosted its stake in shares of Procter & Gamble by 26.3% during the third quarter. Amundi now owns 10,682,455 shares of the company's stock valued at $1,606,748,000 after purchasing an additional 2,222,560 shares during the period. 65.77% of the stock is owned by institutional investors.

More Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Citigroup maintained a Buy rating and set a $170 price target, implying substantial potential upside from recent levels, although the target was reduced from $181. Procter & Gamble Given New $170 Price Target at Citigroup
• Positive Sentiment: Brokerage coverage still leans constructive, with PG receiving an average “Moderate Buy” rating; Jefferies also retained its Buy rating despite trimming its target to $177. PG Average Rating of Moderate Buy
• Positive Sentiment: Management is emphasizing innovation, productivity improvements, e-commerce growth and market-share gains to support a consumer recovery. New product and marketing initiatives, including Downy’s premium fragrance campaign, could help reinforce brand strength. PG Q4 Earnings Call Highlights

Procter & Gamble Stock Performance

NYSE:PG opened at $144.62 on Monday. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.42. The firm's fifty day simple moving average is $147.71 and its 200 day simple moving average is $148.96. The stock has a market cap of $336.77 billion, a P/E ratio of 21.85, a price-to-earnings-growth ratio of 4.44 and a beta of 0.39. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.25%. The business had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same period in the prior year, the business earned $1.48 EPS. The company's revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, research analysts predict that Procter & Gamble Company will post 6.99 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, July 24th. Procter & Gamble's dividend payout ratio is presently 65.71%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on PG shares. Royal Bank Of Canada decreased their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an "outperform" rating on the stock in a research note on Thursday, April 9th. The Goldman Sachs Group dropped their price target on shares of Procter & Gamble from $159.00 to $155.00 and set a "neutral" rating for the company in a research report on Wednesday, April 8th. Weiss Ratings reissued a "hold (c)" rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Rothschild & Co Redburn decreased their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a "neutral" rating on the stock in a research report on Monday, April 27th. Finally, BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an "outperform" rating for the company in a report on Thursday, April 23rd. Thirteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus price target of $161.52.

About Procter & Gamble

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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